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CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. Yuki Iwamura | Bloomberg | Getty Images CoreWeave CEO Michael Intrator told CNBC Tuesday that the firm’s proposed acquisition of Core Scientific would be a “nice to have” rather than a necessity as shareholders prepare to potentially block the deal. In … Read more
Co-founder and Chief Science Officer at Hugging Face, Thomas Wolf, speaks at the opening ceremony of the Web Summit, in Lisbon, Portugal, November 11, 2024. Pedro Nunes | Reuters Current artificial intelligence models from labs like OpenAI are unlikely to lead to major scientific breakthroughs, a tech co-founder said, pouring cold water on some of … Read more
Core Scientific, a former Bitcoin miner that pivoted to AI compute, is undergoing a controversial merger. Summary Core Scientific announced a $9B sale to CoreWeave Two Seas Capital believes the deal is too risky and undervalued Shares of Core Scientific dropped 30% after the deal was announced Once the largest Bitcoin miner in the U.S., … Read more
Are you a step-checker? Do you look at your phone, watch, or other activity tracker a few times a day, to see if you’ve hit the 10,000 steps mark yet? Do you feel guilty if your step count doesn’t ever get over, say, 7,000? What if the 10,000-steps-per-day mark was just a publicity campaign from … Read more
Several EPA scientists stressed to WIRED that ORD’s current structure, which allows research to happen independent of the policy-making that occurs in other parts of the agency, is crucial to producing quality work. One told WIRED that they worked in a scientific role in an EPA policy office under the first Trump administration. There, they … Read more
In March, the AI data center company CoreWeave went public, and its share price quadrupled amid the broader artificial intelligence boom. But AI wasn’t always the company’s focus. It started in 2016 as a specialist in crypto mining—a term for using computers to process transactions and secure a cryptocurrency’s network. Amid crypto’s volatile ups and … Read more
CoreWeave announced Monday that it signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider. As a result of the deal, CoreWeave says it will gain access to more than a gigawatt of data center capacity — enough energy to power more than 850,000 homes — that it can rent … Read more
Last year’s $1 billion offer was a non-starter. Now, with AI demand surging and Bitcoin mining margins tightening, CoreWeave has circled back and is reportedly in new talks to acquire Core Scientific. On June 26, the Wall Street Journal reported that CoreWeave, the AI cloud infrastructure provider backed by Nvidia and powering clients like OpenAI … Read more
Vertex at ADA 85th Scientific Sessions: Promising Diabetes Breakthrough
Hugging Face’s top scientist, Thomas Wolf, says current AI systems are unlikely to make the scientific discoveries some leading labs are hoping for. Speaking to Fortune at Viva Technology in Paris, the Hugging Face co-founder said that while large language models (LLMs) have shown an impressive ability to find answers to questions, they fall short … Read more
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